Blue Trust Inc. Has $788,000 Stake in Johnson Controls International plc (NYSE:JCI)

Blue Trust Inc. lifted its position in shares of Johnson Controls International plc (NYSE:JCI) by 14.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,150 shares of the company’s stock after buying an additional 1,275 shares during the quarter. Blue Trust Inc.’s holdings in Johnson Controls International were worth $788,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. State Street Corp boosted its stake in Johnson Controls International by 1.1% during the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock worth $2,178,595,000 after acquiring an additional 300,712 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Johnson Controls International by 3.4% during the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after purchasing an additional 509,293 shares during the period. Geode Capital Management LLC boosted its position in shares of Johnson Controls International by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock worth $1,041,822,000 after purchasing an additional 71,493 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Johnson Controls International by 514.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock valued at $418,439,000 after buying an additional 4,514,792 shares during the period. Finally, Raymond James & Associates increased its position in Johnson Controls International by 5.6% in the 3rd quarter. Raymond James & Associates now owns 4,735,147 shares of the company’s stock valued at $367,495,000 after buying an additional 249,405 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Up 0.3 %

Shares of NYSE JCI opened at $76.37 on Thursday. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The company has a market cap of $50.41 billion, a P/E ratio of 30.06, a P/E/G ratio of 2.35 and a beta of 1.32. Johnson Controls International plc has a 52 week low of $52.02 and a 52 week high of $87.16. The business has a 50-day simple moving average of $81.34 and a two-hundred day simple moving average of $76.44.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

Insiders Place Their Bets

In other news, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the transaction, the executive vice president now owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Oliver sold 110,616 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the transaction, the chief executive officer now owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. This trade represents a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 647,787 shares of company stock worth $53,972,452 in the last three months. 0.69% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on JCI shares. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective for the company in a research note on Friday, December 20th. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Barclays raised their price objective on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Wells Fargo & Company lowered their target price on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Finally, Oppenheimer lifted their price target on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $84.00.

Johnson Controls International Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.